Monteris Medical Revenue and Competitors

Location

$143.1M

Total Funding

Estimated Revenue & Valuation

  • Monteris Medical's estimated annual revenue is currently $34.6M per year.(i)
  • Monteris Medical received $11.0M in venture funding in January 2019.
  • Monteris Medical's estimated revenue per employee is $251,000
  • Monteris Medical's total funding is $143.1M.

Employee Data

  • Monteris Medical has 138 Employees.(i)
  • Monteris Medical grew their employee count by -15% last year.

Monteris Medical's People

NameTitleEmail/Phone
1
VP EngineeringReveal Email/Phone
2
VP North American SalesReveal Email/Phone
3
SVP, Scientific AffairsReveal Email/Phone
4
VP Human ResourcesReveal Email/Phone
5
ControllerReveal Email/Phone
6
VP, Technology & Advanced DevelopmentReveal Email/Phone
7
VP Operations, Quality, Engineering, ITReveal Email/Phone
8
Senior Director Clinical AffairsReveal Email/Phone
9
Field Development DirectorReveal Email/Phone
10
Sr. Director MarketingReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$30.6M1224%N/AN/A
#2
$18.6M7435%N/AN/A
#3
$75.6M30120%N/AN/A
#4
$12M484%N/AN/A
#5
$2.8M1110%N/AN/A
#6
$3M120%N/AN/A
#7
$24.6M985%N/AN/A
#8
$11.5M4621%N/AN/A
#9
$7.3M294%N/AN/A
#10
$13.8M55-10%N/AN/A
Add Company

What Is Monteris Medical?

Monteris is a private equity backed neurosurgical company focused solely on diseases of the brain. The company was founded in Winnipeg, Canada in 1999 to create neurosurgical technology that, when used by neurosurgeons, would allow them to ablate brain tumors and lesions that may be difficult to approach via traditional methods. The NeuroBlate® System is a minimally invasive robotically controlled laser thermotherapy that uses MRI-guided laser light to ablate (destroy) unwanted tissue in the brain where the lesion, or abnormal tissue, originates. Monteris has offices in Minneapolis, Minnesota, USA and Winnipeg, Manitoba, Canada.

keywords:Healthcare,Medical Devices,Medical Diagnostics,Pharmaceuticals

$143.1M

Total Funding

138

Number of Employees

$34.6M

Revenue (est)

-15%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Monteris Medical News

2022-04-17 - Medicare inpatient draft lists pandemic NTAP extensions set to expire

Both Medtronic and Monteris Medical Inc., of Plymouth, Minn., petitioned the agency to reverse its assignment of LITT – when used as...

2022-03-22 - Europe Minimally Invasive Neurosurgical (MIN) Systems Market ...

... Microbot Medical, Inc., Monteris Medical Corporation ... that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019,...

2021-10-27 - Monteris Medical scores reimbursement win with Cigna

Monteris Medical announced today that Cigna released a national coverage policy supporting the use of its laser ablation therapy. The medical coverage policy considers Minnetonka, Minnesota-based Monteris’ robot-assisted, MR-guided laser interstitial thermal therapy (LITT or laser ablation) med ...

2020-09-04 - Monteris Medical raises $9M

Monteris Medical (Plymouth, Minn.) has raised another $9 million, about four months after it crossed the 3,000 mark of people treated with its NeuroBlate robot-assisted brain surgery device. The money came from a single investor, according to the Form D that Monteris filed today with the U.S. S ...

2019-01-23 - Monteris Medical raises nearly $11M

Monteris Medical (Plymouth, Minn.) has brought in nearly $11 million from its latest investment round as it expands sales and marketing of its NeuroBlate robot-assisted brain surgery device, according to a new Form D filed with the U.S. Securities and Exchange Commission. Monteris had sought ro ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$13.8M1386%N/A
#2
$30.4M13810%N/A
#3
$15M138N/AN/A
#4
$300M13972%N/A
#5
$15.7M1405%N/A

Monteris Medical Funding

DateAmountRoundLead InvestorsReference
2012-05-08$9.0MUndisclosedBusiness Development Bank of CArticle
2013-01-08$7.8MUndisclosedBusiness Development Bank of CArticle
2013-10-22$3.7MUndisclosedArticle
2013-10-23$13.3MUndisclosedBDC Venture CapitalArticle
2014-05-02$3.4MUndisclosedArticle
2014-11-14$30.0MBBirchview CapitalArticle
2016-11-23$6.8MUndisclosedArticle
2017-06-05$26.6MCVersant VenturesArticle
2019-01-24$11.0MUndisclosedArticle